Radical Uncertainty: Decision-making for an unknowable future

Awards:   Long-listed for Financial Times and McKinsey Business Book of the Year Award 2020 (UK)
Author:   Mervyn King ,  John Kay
Publisher:   Little, Brown Book Group
ISBN:  

9780349143996


Pages:   560
Publication Date:   02 September 2021
Format:   Paperback
Availability:   In stock   Availability explained
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Radical Uncertainty: Decision-making for an unknowable future


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Awards

  • Long-listed for Financial Times and McKinsey Business Book of the Year Award 2020 (UK)

Overview

'A brilliant new book' Daily Telegraph 'Well written . . . and often entertaining' The Times 'A sparkling analysis' Prospect When uncertainty is all around us, and the facts are not clear, how can we make good decisions? We do not know what the future will hold, particularly in the midst of a crisis, but we must make decisions anyway. We regularly crave certainties which cannot exist and invent knowledge we cannot have, forgetting that humans are successful because we have adapted to an environment that we understand only imperfectly. Throughout history we have developed a variety of ways of coping with the radical uncertainty that defines our lives. This incisive and eye-opening book draws on biography, history, mathematics, economics and philosophy to highlight the most successful - and most short-sighted - methods of dealing with an unknowable future. Ultimately, the authors argue, the prevalent method of our age falls short, giving us a false understanding of our power to make predictions, leading to many of the problems we experience today. Tightly argued, provocative and written with wit and flair, Radical Uncertainty is at once an exploration of the limits of numbers and a celebration of human instinct and wisdom.

Full Product Details

Author:   Mervyn King ,  John Kay
Publisher:   Little, Brown Book Group
Imprint:   The Bridge Street Press
Dimensions:   Width: 12.60cm , Height: 3.60cm , Length: 19.00cm
Weight:   0.440kg
ISBN:  

9780349143996


ISBN 10:   0349143994
Pages:   560
Publication Date:   02 September 2021
Audience:   College/higher education ,  Professional and scholarly ,  Primary & secondary/elementary & high school ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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Author Information

Mervyn King was Governor of the Bank of England from 2003 to 2013, and is currently Professor of Economics and Law at New York University and School Professor of Economics at the London School of Economics. Lord King was made a life peer in 2013, and appointed by the Queen a Knight of the Garter in 2014. John Kay is a visiting professor at the London School of Economics and a Fellow of St John's College, Oxford. He is a director of several public companies and contributes a weekly column to the Financial Times. He chaired the UK government review of equity markets which reported in 2012 recommending substantial reforms. He is the author of many books including Other People's Money, The Truth about Markets, The Long and the Short of It and Obliquity.

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